Major residential investment opportunity 💎 | Empty land with an area of 1,608 m2 in the heart of the commercial hub in Jeddah (Al-Nakhil District) 📝 For those looking for ample space to build a private palace, and for real estate developers targeting residential projects with significant returns! For investors, we present to you a distinctive strategic land that combines current investment value and future development potential. 📊 Technical specifications: 📍 Location: Jeddah - Al-Nakhil District (in a lively and commercial area). 📐 Total area: 1,608 square meters. Main street: A 30-meter-wide street (eastern facade) gives the property high commercial and residential value and ease of access in and out. 🚗 The exceptional feature of the western façade: The land is bordered to the west by open parking lots (25m wide to the north and 18m to the south); ensuring a completely pleasant view, total privacy, and no adjoining neighbor from the back, in addition to ample parking for any future project. 📐 Accurate dimensions of the land: North: Neighboring property measuring 42.1 meters South: Neighboring property measuring 41.4 meters East: 30m street measuring 38 meters West: Open parking lots 🎯 Usage and development options (absolute flexibility): Sophisticated duplex villa project: The area and dimensions are ideal for developers to subdivide the land and build a luxury villa complex with quick sales in an area that experiences high demand. For investors in centers, halls, and commercial exhibitions. For businessmen and investors, a private family palace: A spacious area that gives you the freedom to design your dream palace with a large yard and complete annexes in a vital location. 💰 Financial value and investment details: 💵 Asking price: 6,000,000 Saudi Riyals (net). 📈 Current return (safe investment): The land is currently leased to an investor for 120,000 Riyals annually (paid in two installments), and the contract ends at the end of 2027. معلومات العقار حسب الرخصة غرض الإعلان: بيع سعر الوحدة: 3732 نوع العقار: ارض عمر العقار: - مساحة العقار: 1608 واجهة العقار: شرقية عدد الغرف: لا يوجد رقم المخطط: 64 / ب / المعدل رقم القطعة: 344 عرض الشارع: 30 استخدامات العقار: لا يوجد خدمات العقار: كهرباء الضمانات ومدتها: - الالتزامات الآخرى على العقار: لا يوجد وصف موقع العقار: - License Owner : مؤسسة السقيفة العصرية للخدمات العقارية License Expiry Date : 2027-06-22 Advertiser Number 1200020579 Authorization Number 7201018594